Millions of Americans rely on Supplemental Security Income (SSI) to cover basic living expenses. SSI is a federal program managed by the Social Security Administration (SSA) that provides monthly payments to individuals who are elderly, blind, or disabled and have limited income and resources.
While SSI is a lifeline for many, the monthly benefit amount may not always be enough to meet all financial needs. Fortunately, there are several legal strategies that can help you increase or supplement your SSI payments. Here are seven practical ways to do just that.
1. Apply for State Supplemental Payments (SSP)
Many states offer State Supplementary Payments (SSP) to SSI recipients. These additional payments vary by state and are typically based on factors like living arrangements, income level, and disability status.
For example, California, New York, and New Jersey are known for offering higher SSP amounts. The SSA administers these supplements in some states, while others require a separate application through a state agency.
To find out if your state provides SSPs and how to apply, visit the SSA’s official State Assistance Programs page.
2. Use an ABLE Account
An Achieving a Better Life Experience (ABLE) account allows eligible individuals with disabilities to save money in a tax-advantaged account without affecting their SSI benefits.
As of 2024, you can contribute up to $18,000 annually to an ABLE account. If you’re employed, you may qualify to contribute even more. Funds from an ABLE account can be used for qualified disability-related expenses such as housing, education, and medical care.
ABLE accounts are available in most states. To learn more or open an account, visit ABLE National Resource Center.
3. Explore Concurrent SSI and SSDI Benefits
If you have a qualifying work history, you may be eligible to receive Social Security Disability Insurance (SSDI) benefits in addition to SSI. This is referred to as concurrent benefits.
Receiving SSDI alongside SSI may increase your total monthly income. However, your SSDI amount must remain below the SSI benefit limit to continue receiving SSI.
To check your eligibility, go to SSA’s Disability Benefits page.
4. Report Life Changes That May Boost Your SSI
Keeping the SSA updated on your life circumstances is not just a requirement—it could also result in higher benefits. For example, moving out of a shared living arrangement or experiencing increased living expenses may positively affect your SSI amount.
As of September 30, 2024, the SSA no longer counts food assistance from friends or family as in-kind support and maintenance. This change could boost benefits for recipients who rely on help with groceries or meals.
5. Maximize Other Government Assistance Programs
While they don’t increase SSI directly, other need-based programs can help you save money and increase your overall financial stability. These include:
- Supplemental Nutrition Assistance Program (SNAP)
- Medicaid
- Housing assistance (such as Section 8)
- Utility discount programs
These programs often have eligibility criteria similar to SSI. To apply, visit Benefits.gov.
6. Establish a Special Needs Trust
If you receive a financial windfall, such as an inheritance or lawsuit settlement, placing those funds into a Special Needs Trust can protect your SSI eligibility.
These trusts are designed to hold assets on behalf of a person with disabilities without counting toward SSI’s resource limits. The funds can be used for medical costs, education, personal care, and more.
Setting up a Special Needs Trust requires legal expertise, so consult with an attorney familiar with disability law. You can find more information through the National Special Needs Network or your state’s disability services agency.
7. Stay Informed About Legislative Reforms
SSI is subject to change through legislation. Advocates continue to push for increases to the federal benefit rate, adjustments to the resource limits, and higher income exclusions.
One recent proposal, the SSI Savings Penalty Elimination Act, would raise the resource limit from $2,000 to $10,000 for individuals—dramatically impacting eligibility and savings potential.
Staying updated on these efforts can help you take timely action. Track legislative developments through Congress.gov and advocacy groups like The Arc.
Final Thoughts
While SSI provides crucial support, it may not cover all financial needs. However, there are legal ways to supplement your benefits, including applying for State Supplemental Payments, using an ABLE account, and exploring concurrent SSI and SSDI benefits. Reporting life changes, utilizing other government assistance programs, and setting up Special Needs Trusts can also help increase your monthly income.
Staying informed about changes in legislation and consulting with experts can ensure you’re maximizing your benefits. For more information, visit the SSA’s website at www.ssa.gov.
